A simple app designed to help users calculate the final amount of an investment based on the principal amount, number of years, and annual interest rate.
🛠Features:
💰 Calculate Investment Amount
- Users can input:
- Principal amount
- Number of years
- Annual interest rate
- Calculates the final amount using the compound interest formula:
- Formula:
A = P × (1 + (r / 100))^t
🗂 Manage Results
- The app stores a history of previous calculations.
- Users can update existing results if necessary.
🧰 Technologies Used:
- Android SDK: For building the Android application.
- Java: The programming language used for app development.
- Android UI Components:
- EditText for user input.
- TextView for displaying results.
- Toast for showing feedback messages.
- Compound Interest Calculation: Implemented using the formula:
A = P × (1 + (r / 100))^t
📚 Lessons Learned:
🖥 Basic UI Handling
- Designed a user interface to gather input and display the calculated results.
🔤 String Manipulation